OptimumBank Holdings Balance Sheet Health
Financial Health criteria checks 6/6
OptimumBank Holdings has total assets of $945.2M and total equity of $92.7M. Total deposits are $806.5M, and total loans are $768.9M. It earns a Net Interest Margin of 3.8%. It has sufficient allowance for bad loans, which are currently at 0.3% of total loans. Cash and short-term investments are $131.6M.
Key information
10.2x
Asset to equity ratio
3.8%
Net interest margin
| Total deposits | US$806.51m |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.3% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$131.60m |
Recent financial health updates
No updates
Recent updates
Here's Why OptimumBank Holdings (NASDAQ:OPHC) Has Caught The Eye Of Investors
Nov 09
Does OptimumBank Holdings (NASDAQ:OPHC) Deserve A Spot On Your Watchlist?
Dec 19Should You Be Adding OptimumBank Holdings (NASDAQ:OPHC) To Your Watchlist Today?
Aug 12OptimumBank reports Q2 results
Aug 09OptimumBank expects $1.3M fee income from PPP loans
May 26OptimumBank Holdings, Inc.'s (NASDAQ:OPHC) CEO Compensation Looks Acceptable To Us And Here's Why
May 19A Quick Analysis On OptimumBank Holdings' (NASDAQ:OPHC) CEO Compensation
Dec 29Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: OPHC's Assets to Equity ratio (10.2x) is moderate.
Allowance for Bad Loans: OPHC has a sufficient allowance for bad loans (382%).
Low Risk Liabilities: 95% of OPHC's liabilities are made up of primarily low risk sources of funding.
Loan Level: OPHC has an appropriate level of Loans to Assets ratio (81%).
Low Risk Deposits: OPHC's Loans to Deposits ratio (95%) is appropriate.
Level of Bad Loans: OPHC has an appropriate level of bad loans (0.3%).